This book enlarges our understanding of economic development by bringing together items or aspects of historical experience relevant to the present-day problems of developing countries; by looking at the problems over a longer period than is usual in development economics, so that the influence of underlying forces may be made evident; and by comparing the experiences of different countries in similar situations. A variety of countries are dealt with and most of the significant problems in development economics are covered in one context or another. The authors of this symposium, each an internationally acknowledged authority, offer expert assessments of development as it has actually taken place. The chapter by Professor Rosovsky shows what is significant, what is peculiar and what could be imitated in Japan; Professor Black takes the little-studied case of Ireland, and Dr Macpherson gives an informed and balanced account of Indian development. This unique book was first published in 1972.
In his new book, Poverty and Progress: Realities and Myths about Global Poverty, renowned development economist Deepak Lal draws on 50 years of experience around the globe to describe developing-country realities and rectify misguided notions about economic progress. Unique among books that have emerged in recent years on world poverty, Poverty and Progress directly confronts intellectual fads of the West and dismantles a wide range of myths that have obscured an astounding achievement: the unprecedented spread of economic progress around the world that is eliminating the scourge of mass poverty.
Companies like Google and Apple heralded the information revolution, and opened the doors for Silicon Valley to grow into an engine of dazzling technological development, that today champions the free market that engendered it against the supposedly stifling encroachment of government regulation. But is that really the case? In this sharp and controversial expose, The Entrepreneurial State, Mariana Mazzucato debunks the pervasive myth that the state is a laggard, bureaucratic apparatus at odds with a dynamic private sector. Instead she reveals in case study after case study that, in fact, the opposite is true: the state is our boldest and most valuable innovator. The technology revolution would never have happened without support from the US Government. The breakthroughs--GPS, touch-screen displays, the Internet, and voice-activated AI--that enabled legendary Apple products to be smart successes were, in fact, all developed with support from the state. Mazzucato reveals that many successful entrepreneurs like Steve Jobs integrated state-funded technological developments into their products and then reaped the rewards themselves. The algorithm behind Google’s search engine was initially sponsored by NASA. And 75% of NMEs--new, often-ground-breaking drugs not derivative of existing substances--trace their research to National Institutes of Health (NIH) labs. The American government, it turns out, has been enormously successfully at stimulating scientific and technological advancement. But by 2009, just some months following the Great Recession--the US government, constrained by austerity measures, started disinvesting from its holdings in research fields like health, energy, electronics. The trend is likely to continue, and the repercussions of these policies could wreak havoc on our technology and science sectors. But Mazzucato remains optimistic. If managed correctly, state-sponsored development of Green technology, for instance, could be as efficacious as suburbanization & post-war reconstruction in the mid-twentieth century, and unleash a wide-spread golden age in the global economy. The limitations of natural resources and the threat of global warming could become the most powerful driver of growth, employment, and innovation within just one generation--but to be successful, the Green Revolution will depend on the initiatives of proactive governments. By not admitting the State’s role in economic and technological progress, we are socializing only the risks of investing in innovation, while privatizing the rewards in the hands of only a few businesses. This, Mazzucato argues, hurts both future of innovation and equity in modern-day capitalism. For policy-makers, Silicon Valley start-up founders, venture-capitalists, and economists alike, The Entrepreneurial State stirs up much needed debate and offers up a brilliant corrective to spurious beliefs: to thrive, American businesses have always and will need to depend on the support of our country’s most audacious entrepreneur, the state.
Recent generations have experienced dramatic improvements in the quality of human life across the globe. Wars between states are fought less frequently and are less lethal. Food is more plentiful and more easily accessed. In most parts of the world, birthrates are down and life expectancy up. Significantly fewer people live in extreme poverty, relative to the overall population. Statistics would argue that the human race has never before flourished as it has in this moment. And yet, even with this progress, we face a number of seemingly intractable challenges to the welfare of both states and individuals, including: Governmental instability undermining the lives of citizens, both within and beyond their borders; Persistent and recurring intrastate conflict due to ineffective conflict management strategies; Marginally successful development efforts and growing income inequality, both within and between nations, as a result of uncoordinated and ineffective global development strategies; Internecine conflict in multiethnic societies, manifested by exclusion, discrimination, and ultimately violence, the inevitable consequence of an insufficient focus on managing the inherent tensions in diverse societies; Global climate change with the possibility of catastrophic long-term consequences, following an inability to effectively come to terms with and respond to the impact of human activity on our environment. These challenges require a newly collaborative, intentional, and systematic approach. This book offers a blueprint for how to get there, calling for increased leadership responsibility, clarity of mission, and empowerment of states and individuals. It is designed to transform lofty but often vague agendas into concrete, measurable progress. It believes in the capacity of humanity to rise to the occasion, to come together to address these increasingly critical global problems, and offers one way forward.
This second edition updates the myths the authors challenged in the first book as well as addressing new ones that have arisen since, and discuss how teachers of ELLs can ensure that their students will fare well in the era of No Child Left Behind.--[book cover].
This study of computing in an economically transforming city in the north of England looks at how new information technologies effect and are affected by a historically vibrant working-class culture. Stressing the complex interplay between technology and culture, especially notions about work and labor, the authors examine how this dynamic is manifest in computer-related jobs, in social relationships, and in the reproduction of local culture. They analyze the structure of computing in Sheffield, placing it in the contexts of national state policy, world political economy, and the regional labor market, and they explore the processes of computing in relation to the reproduction of gendering, the rise of "labor freedom," and local attempts to influence the course of computerization. The experiences of the people in Sheffield and South Yorkshire have much to teach us about what technology does and what we can do to control it. Computing Myths, Class Realities will be of interest not only to anthropologists and sociologists but to all scholars interested in the social correlates of computing.
A New York Times Bestseller The leading thinker and most visible public advocate of modern monetary theory -- the freshest and most important idea about economics in decades -- delivers a radically different, bold, new understanding for how to build a just and prosperous society. Stephanie Kelton's brilliant exploration of modern monetary theory (MMT) dramatically changes our understanding of how we can best deal with crucial issues ranging from poverty and inequality to creating jobs, expanding health care coverage, climate change, and building resilient infrastructure. Any ambitious proposal, however, inevitably runs into the buzz saw of how to find the money to pay for it, rooted in myths about deficits that are hobbling us as a country. Kelton busts through the myths that prevent us from taking action: that the federal government should budget like a household, that deficits will harm the next generation, crowd out private investment, and undermine long-term growth, and that entitlements are propelling us toward a grave fiscal crisis. MMT, as Kelton shows, shifts the terrain from narrow budgetary questions to one of broader economic and social benefits. With its important new ways of understanding money, taxes, and the critical role of deficit spending, MMT redefines how to responsibly use our resources so that we can maximize our potential as a society. MMT gives us the power to imagine a new politics and a new economy and move from a narrative of scarcity to one of opportunity.
An ultimate God, being transcendent, is beyond description in literal terms; our knowledge of the divine nature must be indirect. A prime means of such an indirect approach to the divine is through the religious mythologies that have captivated humankind throughout recorded time, and even earlier. After considering the limitations of scientific thinking in dealing with questions of ultimate meaning and value, Anthony O'Hear argues that we should be open to taking religious mythologies seriously. We could, and probably should, see each of these mythologies as partial revelations, each capturing some aspect of the divine. They aim at truth, and should be valued as such, for their own particular insights and traditions of practice, but no single myth can capture the whole truth. Each is necessarily filtered through fallible human imagery and thought. So, while respecting and prioritizing our own favored myth, we should also be open to illumination from myths originating in different times and cultures for their own unique vision and approach.
